The Latest Breaking News from Reed Hastings

Shareholders of Liberty Formula One (NASDAQ: FWONA)(NASDAQ: FWONK) could soon be excited as the global racing league continues to expand and grow its viewership across the U.S.

Netflix on Tuesday said it laid off about two percent of its staff in a belt-tightening move after growth slowed at the once-booming streaming television service. "These changes are primarily driven by business needs rather than individual performance, which makes them especially tough, as none of us want to say…

The streaming service has seen billions wiped off its value after posting its first fall in subscribers for a decade. Can CEO Reed Hastings get it back on the right track?

Exclusive: world’s biggest streaming service has announced crackdown after first fall in customers in a decade

The "DVD" acronym originally stood for "Digital Versatile Disc." The first DVD to ship more than 1 million units was "Titanic." And when Disney released "Snow White and the Seven Dwarfs" on DVD in October of 2001, it sold 1 million copies. In one day.

After years of growth, the streaming giant revealed a shock fall in subscribers. But is it really downhill from here?

The company’s fall in subscribers is a moment of reckoning for media groups pouring billions into online platforms

Bill Ackman’s Pershing Square Capital Management exited its position in Netflix (NASDAQ: NFLX) on Wednesday, the billionaire hedge fund manager told shareholders in a letter.

With tough times seemingly ahead, Netflix has flagged possible changes to its product that will have ramifications for its fans.